For sale

200 Sqft -

Property Description

*Showings by appointment only, do not disturb staff*. Incredible opportunity to acquire an insurance business located in Abbotsford. Services includes private auto insurance, residential insurance, and travel insurance. The value of a license is approximately $1 million! Banks recognize this value and are willing to offer mortgage loans against it, with BMO Bank able to provide loans ranging from $700,000 to $800,000. There are approximately 900 insurance licenses in the entire province of BC, and w/ no further licenses being issued, the value of an existing license is highly significant. 50% profit. Either shares sale or assets sale available. Low rent, only $3,937/mth. Currently, there are 4 full-time, 1 part-time employees. Daily foot traffic averages around 30-40 customers. Highly stable and profitable venture. Turn-key business. Don’t miss out! Confidential listing, please contact for more information today!

Basic Details
Property Type :
Listing Type : For sale
Listing ID : C8052347
Price : $1,580,000
Bedrooms : 0
Interior Size : 200 Sqft
Bathrooms : 0
Lot Size : Call
Meta Keywords : Address not available!, ,For sale,1014 CONFIDENTIAL,C8052347
Listing courtesy of : Grand Central Realty
MLS Addon
Status : ACTIVE
Region : Fraser Valley
Minor Business Type : Insurance Services
Zoning/Land Use : BUSINESS
# Storeys : 0
Number of Units : 0
Major Business Type : Professional/Administrative Services
Type : 0
Land Hectares : 0
Real Estate Board : Fraser Valley
Address Number : 1014
Address Search Number : 1014
Address Street : CONFIDENTIAL
Street Designation : 0
LA3Agent Office ID : 0
Land Sq Meter : 0
For sale
  • Listing ID : C8052347
  • Bedrooms : 0
  • Bathrooms : 0
  • Interior Size : 200 Sqft
$1,580,000
Contact Agent